2008 global financial crisis

John Kasich Was Senior Executive At Lehman Bros.

Ohio Gov. John Kasich loves talking about his record in office, his knack for balancing the budget and his controversial decision to back Medicaid expansion.

But there’s one part of his resume he’s less inclined to discuss: the years he spent as a senior executive at Lehman Brothers.

Kasich joined Lehman’s investment banking division as managing director in 2001, working there until the firm’s collapse in September 2008 unleashed global panic and served as the catalyst for the financial crisis.

Lehman Brothers was arguably the most deeply vilified Wall Street firm during the 2008 meltdown and Kasich was a senior executive.

“Kasich’s close ties to Wall Street should raise concerns for everyone who suffered due to the collapse of our financial system caused by those very same banks,” said Craig Holman of the advocacy group Public Citizen. “This is not a responsible businessman, and strongly suggests he would not be a responsible president.”